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The Role of Expos in Advancing the Composites Industry

$3 billion by the year 2030

The composite market in India is estimated to reach around $3 billion by the year 2030 at a 7% CAGR from 2023 to 2030. The future of the composites market in India seems promising, with multiple opportunities in transportation, aerospace and defence, wind energy, marine, pipe and tanks, construction, and electrical and electronics.

The reasons behind the major rise of this market are the immense demand for lightweight chemical and corrosion-resistant materials for construction and the need for materials with high flame retardancy and electrical resistance in the electronics and electrical industry.

Expos Advancing the Composites Industry

Composite manufacturers in India must visit composites expo such as ICERP to learn about the newest innovations and technologies in the industry. The ICERP composites tradeshow focuses on gathering all the stakeholders of the Indian composites industry under a single roof and bringing to their notice the multiple opportunities available in the Indian market. In addition, this exhibition also addresses the drawbacks and challenges that need to be overcome to achieve a better growth rate.

Not only this, but the ICERP event also focuses on:

  • Improving product and material quality
  • Creating awareness of crafting materials that are more sustainable and environment-friendly
  • Promoting innovations

ICERP India is a crucial event for India’s composites industry, organised by the FRP Institute. This expo elevates the advancements in the Indian composite industry by upgrading the composite technology, making them reach a global level in terms of finishing and product quality, and addressing the major concerns to align with global standards.

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